Pop Culture

Based.... checks notes Nabisco? No that can't be right....

Edit: Further searching turned up that Nabisco is also a subsidiary of Kraft foods lmao wtf?

https://en.wikipedia.org/wiki/Mondelez_International

This whole wiki page is like a glimpse at the lovecraftian monstrosity that is the realm of corporate subsidiaries and mergers.

December 10, 1923 National Dairy Products Corporation (National Dairy) founded by Edward E. Rieck and Thomas H. McInnerney. The firm was initially set up to execute on a rollup strategy in the fragmented United States ice cream industry.

1924, Kraft Cheese Company was founded and was listed on the Chicago Stock Exchange.[12] Two years later, it was listed on the New York Stock Exchange.

1928, Kraft acquired Phenix Cheese Company, the maker of a cream cheese branded as Philadelphia Cream Cheese, founded by Jason F. Whitney Sr. and the company changed its name to Kraft-Phenix Cheese Company.

1930, National Dairy acquired Kraft Phenix. After the acquisition, the combined company retained the National Dairy name and management, though the Kraft Phenix side of the company continued to operate largely independently.

The company then changed its name to Kraftco Corporation in 1969, and was renamed again to Kraft Inc. in 1976.

After its acquisition by Phillip Morris and the merger with General Foods Corporation in 1989, Kraft Inc. was renamed to Kraft Foods Inc. in 1995.

On September 7, 2009, Kraft made a hostile £10.2 billion takeover bid for the British confectionery group Cadbury, makers of Dairy Milk and Bournville chocolate. On November 9, the company's bid (then £9.8 billion) was rejected by Cadbury, which called it a "derisory" offer. Kraft upped its offer on December 4. It had significant political and public opposition in the United Kingdom and abroad, leading to a call for the government to implement economic protectionism in large-company takeovers.

August 2011, Kraft Foods announced plans to split into two publicly traded companies, an international snack-food company and a North American grocery company.

Mondelez International, would be the legal successor of the old Kraft Foods, while the grocery company would be a new company, Kraft Foods Group. The split was completed in October 2012. It was structured so that Kraft Foods changed its name to Mondelez International and spun off Kraft Foods Group as a new publicly traded company. Kraft Foods Group later merged with Heinz to become Kraft Heinz.